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In the recent “From Praise to Profits” report by Gallup and Workhuman, it has been observed that if an organization recognizes their employees’ good work, they will see a significant increase in overall productivity.
Almost every employer or manager faces an issue deciding if an employee deserves a raise/promotion. This is when the concept of performance appraisal comes into play!
Let’s navigate the fundamentals of performance appraisal, its purpose, different types of appraisals, their advantages, and a lot more.
What is performance appraisal?
A performance appraisal is a structured plan to review the performance of an employee. From performing